Fair Value Fair Value Sunshine Snowball Snowball Snowtul Increase Balance Sheet Cash Accounts Receivable Inventory Land Buildings & Equipment Less Accumulated Depreciation Investment in Snowball 81.000 6.000 50.300 90.000 130 000 50.000 410.000 -150.000 102 200 21.000 44.000 75.000 30.000 250.000 -80.000 0 265.000 15.000 Total Assets 692.500 340.000 Accounts Payable Mortgage Payable Common Stock Retained Earings 152500 250.000 80.000 210.000 35 000 180.000 40.000 05000 Total Liabilities & Equity 692.500 340.000 1. Prepare the consolidation entries (basis consolation entry, differnttal reclassificaiton entry, other needed as of December 31, 2012, to complete consolidation worksheet. 2. Prepare a three-part consolidation worksheet as of December 31, 2012 Fair Value Fair Value Sunshine Snowball Snowball Snowtul Increase Balance Sheet Cash Accounts Receivable Inventory Land Buildings & Equipment Less Accumulated Depreciation Investment in Snowball 81.000 6.000 50.300 90.000 130 000 50.000 410.000 -150.000 102 200 21.000 44.000 75.000 30.000 250.000 -80.000 0 265.000 15.000 Total Assets 692.500 340.000 Accounts Payable Mortgage Payable Common Stock Retained Earings 152500 250.000 80.000 210.000 35 000 180.000 40.000 05000 Total Liabilities & Equity 692.500 340.000 1. Prepare the consolidation entries (basis consolation entry, differnttal reclassificaiton entry, other needed as of December 31, 2012, to complete consolidation worksheet. 2. Prepare a three-part consolidation worksheet as of December 31, 2012